Payretailers Acquires Chile’S Paygol And Colombia’S Pago Digital In Move To Unify $85 Billion Latam E-Commerce Market
Apr 07, 2022•over 3 years ago
Acquiring Company
PayRetailers
Acquired Company
Paygol
Description
PayRetailers, the leading LATAM FinTech payment specialist, today announced the acquisition of two online payments platforms, Chile’s Paygol and Colombia’s Pago Digital. The two acquisitions strengthen PayRetailers’ breadth and depth as the company moves to realise the potential of e-commerce payments across Latin America.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed